The world’s first Zcash fund, The Zcash ETF - Built by @Grayscale (Ticker: $ZCSH) begins trading today.
Zcash launched in 2016, built on the cypherpunk ideals that inspired Bitcoin and the earliest cryptocurrency believers: privacy, decentralization, and freedom. The first investment vehicle offering exposure to $ZEC followed in 2017. This original vehicle has now evolved into $ZCSH, the world's first and only Zcash exchange-traded product, giving investors exposure to $ZEC directly from brokerage or investment accounts.
We're excited to build alongside the Zcash community.
2/ Spot price performance does not represent actual Grayscale Fund performance and actual performance may be lower than spot performance. For actual fund performance, please visit https://t.co/v4lc6gugJH. Past performance does not guarantee future results.
"We've had a 19x move since last year, it has appreciated in value, of course, but at the $800 to $900 level, to my eye we are still putting a surprisingly low price on the value of financial privacy."
Grayscale Head of Research @LowBeta joined @therollupco Podcast to discuss how Zcash $ZEC has captured market attention since last year, with upside still ahead.
Learn more about $ZCSH and see important disclosures: https://t.co/07uvWDVzYg
The Zcash ETF ("ZCSH” or the "Fund"), an exchange traded product, is not registered under the Investment Company Act of 1940 ("40 Act") and therefore is not subject to the same regulations and protections as 40 Act registered ETFs and mutual funds. An investment in ZCSH is subject to a high degree of risk and volatility. ZCSH is not suitable for an investor that cannot afford the loss of the entire investment. An investment in the Fund is not a direct investment in ZEC.
This information must be preceded or accompanied by a current The Zcash ETF prospectus, which may be obtained by clicking below. Please read the prospectus carefully before investing: https://t.co/jse45sidfp. Foreside Fund Services, LLC is the Marketing Agent for ZCSH.
I'm extremely bullish the upcoming $ZEC ETF.
Perhaps we won't see immediate inflows on launch, but the marginal buyers will come from macro heads like Dalio that likes the debasement trade but has concerns around quantum + privacy with BTC.
Zigher.